TO CARRY SPARE PARTS WHILE TRAVELLING

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..... Our technician carry some spare parts while travelling aboard for installation/service purpose. While doing installation technician has use that spare parts and customers paid for that in US Dollars c .....

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..... an we book that US Doller in our books showing export sale of Spare and deposit in Bank whereas no evidence available to show export like shipping bill, etc. kindly give us advice under INCOMT TAX LAW .....

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..... - Reply By natesan rajendiran - The Reply = Under Income tax law taxability depends on the residential status of a person.You have not mentioned the residential status.Moreover you must also mentio .....

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..... n about your business connection,agreement for execution of works contract if any etc.For payment connections one should also keep in mind FEMA provisions. - TO CARRY SPARE PARTS WHILE TRAVELLING - .....

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..... Query Started By: - SURYAKANT MITHBAVKAR Dated:- 21-1-2011 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management Ind .....

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..... ia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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